North Star Promise Program in-state residency and work requirement imposition provision, and North Star Promise scholarships limited to students enrolled in programs of study that lead to employment in high-demand industries and occupations provision

This bill modifies Minnesota's North Star Promise scholarship program by adding new eligibility requirements and restrictions. It requires scholarship recipients to sign a contract agreeing to live and work in Minnesota for five years after completing their degree, with the scholarship converting to a loan if they fail to meet this requirement. The bill also limits scholarships to students enrolled in programs leading to jobs in high-demand industries, which the state will review every three years. Additionally, the legislation includes provisions for waiving or deferring the residency and employment requirement under specific circumstances such as pursuing further education, volunteer service, or extreme hardship.